MarketsHighReported
9.7
US PPI surges 6.3% in September, biggest monthly jump since 2022
Anadolu Agency EN·US·about 24 hours ago
Statistics Austria confirmed September inflation at 3.6%, matching preliminary data. Excluding fuel and heating oil, inflation would be notably lower, indicating that energy prices are the primary driver while underlying price pressures moderate. This suggests a contained inflation trajectory, potentially reducing pressure on the ECB to tighten further.